Economic Data Calls for August 2, 2021

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (August 2, 2021) — Good Luck Trading!

1. German and UK PMI Revisions (03:55 & 04:30 ET) No Trade – Revisions can be hard to predict but changes should be market moving
2. US ISM Manufacturing (10:00 ET) No Trade – Stronger Empire State offset by weaker Philly Fed and Chicago PMI

Economic Data Calls for July 30, 2021

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 30, 2021) — Good Luck Trading!

1. AU PPI (21:30 ET) Bullish AUD – CPI beat expectations
2. EZ GDP and CPI (05:00 ET) Bullish EUR – Inflation on the rise globally and EZ growth expected to turn positive in Q2
3. CAD GDP (08:30 ET) Bearish CAD – May Canada was still in lockdown and with trade and retail sales weak, GDP growth may not be strong
4. US Personal Income and Spending (08:30 ET) No Trade – Retail sales snapped back but wage growth was softer

Economic Data Calls for July 29, 2021

Uncategorized

Here’s what we are looking for in tomorrow’s economic reports (July 29, 2021) — Good Luck Trading!

1. GE Unemployment and Confidence (03:55 ET) Bullish EUR – Labor data and confidence should be stronger according to PMIs
2. GE CPI (08:00 ET) Bullish EUR – Commodity prices continued to rise which should lift CPI
3. US Q2 GDP (08:30 ET) No Trade – Growth should be stronger as country recovers but retail sales actually weakened in Q2, making it a tough call

Economic Data Calls for July 28, 2021

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 28, 2021) — Good Luck Trading!

1. AU CPI(21:30 ET) Bullish AUD – Potential upside surprise given rise in consumer inflation expectations
2. CAD CPI (08:30 ET) Bullish CAD – Potential upside surprise given rise in price component of IVEY PMI
3. FOMC Rate Decision (14:00 ET) No Trade – Rate decisions are best traded reactively

Economic Data Calls for July 26, 2021

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 26, 2021) — Good Luck Trading!

1. NZ Trade Balance (18:45 ET) Bullish NZD – Potential upside surprise given rise in manufacturing PMI
2. German IFO Report (04:00 ET) Bearish EUR – Likely to be weaker given drop in GE factory orders and industrial production
3. US New Home Sales (10:00 ET) Bearish USD – Could decline like new home sales

Economic Data Calls for July 23, 2021

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 23, 2021) — Good Luck Trading!

1. UK Retail Sales (02:00 ET) Bullish GBP – Potential upside surprise given strong wage growth and spending
2. German and EZ PMIs (03:30 ET) Bullish EUR – Reopenings should lead to stronger activity
3. UK PMIs (04:30 ET) Bullish GBP – Reopenings should lead to stronger activity
4. CAD Retail Sales (08:30 ET) Bullish CAD – Should be stronger given reopenings and labor market activity

Economic Data Calls for July 20,2021

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (July 20, 2021) — Good Luck Trading!

1. RBA Minutes (21:30 ET) No Trade — We do not trade minutes, they are best traded reactively
2. US Building Permits and Housing Starts (08:30 ET) No Trade — Housing data is difficult to predict but likely to be stronger given price rises